[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR17.602]

[Page 330]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 17_SPECIAL CONTRACTING METHODS--Table of Contents
 
             Subpart 17.6_Management and Operating Contracts
 
Sec.  17.602  Policy.

    (a) Heads of agencies, with requisite statutory authority, may 
determine in writing to authorize contracting officers to enter into or 
renew any management and operating contract in accordance with the 
agency's statutory authority, or the Competition in Contracting Act of 
1984, and the agency's regulations governing such contracts. This 
authority shall not be delegated. Every contract so authorized shall 
show its authorization upon its face.
    (b) Agencies may authorize management and operating contracts only 
in a manner consistent with the guidance of this subpart and only if 
they are consistent with the situations described in 17.604.
    (c) Within 2 years of the effective date of this regulation, 
agencies shall review their current contractual arrangements in the 
light of the guidance of this subpart, in order to (1) identify, modify 
as necessary, and authorize management and operating contracts and (2) 
modify as necessary or terminate contracts not so identified and 
authorized, except that any contract with less than 4 years remaining as 
of the effective date of this regulation need not be terminated, nor 
need it be identified, modified, or authorized unless it is renewed or 
its terms are substantially renegotiated.

[48 FR 42163, Sept. 19, 1983, as amended at 50 FR 52434, Dec. 23, 1985]